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1) General requirements. Participant, at its own cost and expense, shall maintain <br />commercial general and automobile liability insurance for the term of this Agreement in <br />an amount not less than $2,000,000 per occurrence, combined single limit coverage for <br />risks associated with the work contemplated by this Agreement. If a Commercial General <br />Liability Insurance or an Automobile Liability form or other form with a general aggregate <br />limit is used, either the general aggregate limit shall apply separately to the work to be <br />performed under this Agreement or the general aggregate limit shall be at least twice <br />the required occurrence limit. Such coverage shall include but shall not be limited to, <br />protection against claims arising from bodily and personal injury, including death <br />resulting therefrom, and damage to property resulting from activities contemplated under <br />this Agreement, including the use of owned and non-owned automobiles. <br /> <br />2) Minimum scope of coverage. Commercial general coverage shall be at least as broad <br />as Insurance Services Office Commercial General Liability occurrence form CG 0001 <br />basis. Automobile coverage shall be at least as broad as Insurance Services Office <br />Automobile Liability form CA 0001 (most recent edition), Code 1 (any auto). No <br />endorsement shall be attached limiting the coverage. <br /> <br />3) Additional requirements. Each of the following shall be included in the insurance <br />coverage or added as a certified endorsement to the policy: <br /> <br />a. The Insurance shall cover on an occurrence or an occurrence basis, and <br />not on a claims-made basis. <br /> <br />b. City, its officers, officials, employees, and volunteers are to be covered as <br />additional insureds as respects: liability arising out of work or operations <br />performed by or on behalf of the Participant; or automobiles owned, leased, <br />hired, or borrowed by the Participant. <br /> <br />c. For any claims related to this Agreement or the work hereunder, the <br />City, its officers, officials, employees, and volunteers. Any insurance or self- <br />insurance maintained by the City, its officers, officials, employees, or <br />volunteers <br />contribute with it. <br /> <br />d. Each insurance policy required by this clause shall be endorsed to state <br />prior written notice has been provided to the City. <br /> <br />C. All Policies Requirements. <br /> <br />1) Acceptability of insurers. All insurance required by this section is to be placed with <br />insurers with a Bests' rating of no less than A:VII. <br /> <br />5 <br /> 3238974.3 CDBG Loan <br />Agreement <br /> <br />